Nov 27, 2012 4:00am PST
nothing then we go off that cliff. if we do nothing then current law requires all those rates to go up. that may be what "the wall street journal" is referring to, the simple fact that a default operation with no intervention by congress will result in a rate increase. >> they're also -- they are also clearly saying that if republicans can negotiate a deal in which rates went up somewhat but not all the way back to the 39.6 top rate under president clinton that they would deserve credit for doing that. they seem to be suggesting you would be increasing rates somewhat and. do you think that's an idea that will take root among senate republicans? >> perhaps so. i haven't seen the editorial. i don't know specifically beyond what you've described what they're saying. >> there is room, there, you think, for raising rates? not as much as letting the bush tax rates expire completely and closing loopholes, you think that might be fertile ground, is that what you're saying? >> i don't think that's a good idea. it's a horrible idea to raise taxes on anyone. for rates to go up in this economy is
Nov 26, 2012 4:00am PST
that he makes or any laws that he imposes until a new parliament is formed. reza sayah is in cairo this morning. let's start with mohamed morsi, please. >> yeah, good morning, soledad. a few thousand protesters still here in south tahrir squares, especially those who camped out over the past several days, still seeing some clashes. most of them triggered by what seem to be teenagers and twenty somethings out here looking for trouble. we also saw our first fatality of the protest last night on sunday in a northern city where a 15-year-old member of the muslim brotherhood youth movement was clubbed to death. at this point the brotherhood doesn't seem to be using that fatality as a rallying cry to shore up support. but at the same time, it doesn't seem to be any indication that this conflict is coming to an end any time soon. the leaders of the opposition faction continue to demand mr. morsi to rescind his decrees. we just spoke to one of his senior advisers a couple of hours ago. he wants dialogue with the leading opposition factions. he didn't say anything about these decrees today.